Glenboro Area Foundation

Endow Manitoba

The Foundation

A member of the Community Foundation of Canada, the Glenboro Area Foundation Inc. is a registered community fund established in 1987 to support education and health, recreation and culture, agriculture and religion, for all ages in Glenboro and area.

Vision

The Glenboro Area Foundation Inc. strives to be a community leader, promoting philanthropy, benefiting our community with grants now and in the future – the best choice for those wishing to leave a permanent legacy to our community.

Mission

The mission of Glenboro Area Foundation Inc. is to work together to build a permanent endowment fund, using the earnings to enrich the quality of life in our area.

The Endowment Fund

The Endowment Fund, made up of designated and undesignated monies, is a permanent pool of capital made up of donations and bequests, carefully invested to provide the best possible interest which in turn is awarded annually back into the community. In 1998 the Glenboro Foundation entered into an agreement with The Winnipeg Foundation whereby the contributions to the endowment funds of The Glenboro Area Foundation Inc. were transferred to The Winnipeg Foundation. The Winnipeg Foundation will hold and invest the monies on behalf of The Glenboro Area Foundation Inc. and will provide endowment income to support the community of the Glenboro area. The endowment funds are – The Glenboro Smart & Caring Community Managed Fund, The Health Care Fund, The Glenboro Cemetery Perpetual Care Fund, The Glenboro Youth Sport and Recreation Fund, Youth in Philanthropy, The John & Vesta Scott Memorial Fund, The Stewart & Eva Hamilton Memorial Fund, The John Harvard Smart & Caring Community Fund, The George & Verna Notman Memorial Fund, The Raystone Memorial Centre Operating Fund, The Glenboro Recreation Facility Operating Fund, and The Glenboro Area Foundation Inc. Operating Fund. The Education Funds provide scholarships to graduating students in June of each year – Glenboro Community Education, Skapti Arason Pioneer Spirit Award, RM of South Cypress Health Care, Devos family, Hilhorst family, Sena Gunnlaugson Memorial, Queen Scholarship, Roy and Lorna Wallis Family Agricultural Scholarship.

The Administration

The Foundation is administered by an Advisory Board of Directors consisting of five to nine Manitoba residents, meeting at least three times a year at the Chairman’s call. Two Board members are appointed by the Municipality of Glenboro – South Cypress, and three to seven Board members are appointed by the Board. In addition, a three member Supervisory Board assists the Advisory Board with grant recommendations and appointments to the Board. The Supervisory Board consists of the Head of Council together with two retired Board members.

Annual Report – Spring 2018

Note that the reports are in PDF format. You will need ADOBE Reader to view. Most computers have ADOBE Reader already installed; but if yours does not, the free version is available from the ADOBE website.

A Gift to the Fund

A Gift to the Endowment Fund can be made in the form of cash, property, insurance or bequests from grateful citizens who wish to leave something permanent with the community that has been good to them.

Why Not Consider?

A gift of money

A bequest in a will

A gift of life insurance by naming the Foundation as beneficiary

A gift in memory of a relative or friend

A multi year pledge

A gift in the family name

Cheques should be made payable to:

Glenboro Area Foundation Inc. Box 147 Glenboro, Manitoba R0K 0X0

A tax receipt will be issued. Inquiries should be directed to the above address, or via e-mail to Connie Feader at glenborofoundation@gmail.com.

Note that the applications are in PDF format. You will need Adobe Acrobat Reader to view them, or use an up-to-date browser that can display Acrobat PDF files. Most computers have Adobe Acrobat Reader already installed; but if yours does not, the free version is available from the ADOBE website.

about Glenboro – South Cypress

Glenboro is a community of 656 ideally situated at the junctions of Highways #2 and #5 in the Westman region of Manitoba, Canada, approximately 170 km west of Winnipeg, 42 km south of the Trans Canada Highway, 80 km Southeast of Brandon and just 60 km north of the United States border.